High Volume Japanese & Sushi Restaurant & Bar*716*

Not Disclosed, NC

Central NC

Asking Price: Annual Revenue:
$850,000 $1,785,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: High Volume Japanese & Sushi Restaurant & Bar*716* Broker: George Bradbury
Owner Financing is Available!

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,785,000
Net Profit: $210,000
Cash Flow: $210,000
Total Debt: Not Disclosed
FF&E: $109,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 30
BBN Listing #: 39926351
Broker Reference #: SUSHI1

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Business Overview:

As this Japanese Restaurant enters its 24th year of business, it continues to be recognized as the premier dining destination in the state for sushi, sake, and authentic Japanese cuisine. Open since 1997 and in continuous operation with the same owner/head chef behind the sushi bar, this is an established restaurant with a strong customer base that has endured and continues to grow. The restaurant is consistently recognized as the best sushi/best Japanese food in the Triangle area market and North Carolina. Their sake menu has now grown to over 100 selections and remains the largest, most diverse sake collection on the east coast.

Their dining facilities include standard tables, a sushi bar, “tatami” booths with traditional floor seating, and outdoor dining tables. Their staff for both the back of the house and front of the house has significant experience and dedication. Their kitchen manager has been with the business for over 15 years; their head waitress/manager has been with them for 14 years. Many of the wait staff have 10+ years of service. Their collective knowledge and history with the business and customers makes them incredibly valuable resources and assets. They take great pride in the fact that on any given night our dining room clientele may range from “suits to work boots”.

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Property Features and Assets:

he restaurant is located in a popular strip center. It occupies 3,200 square feet and has some outdoor storage. In addition to ample tables inside, there is also outdoor seating. A new owner would have ample opportunities to grow an already successful business. Their TO GO service, while always part of our business, grew rapidly with COVID restrictions. TO GO dining will remain a significant section of our business for the foreseeable future. A new owner can make changes in their TO GO system and technology that could increase business and customer offerings.

Market Competition and Expansion:

While there are numerous Japanese style restaurants providing discount sushi, “buy one get one,” specials, and fusion style cuisines, there are very few authentic Japanese restaurants in the area. There are a couple of real competitors but it should be noted that they have “downtown” locations. This restaurant's suburban location has allowed them to maintain a very active TO GO business during COVID restrictions and as they reopened, they have maintained a consistent in-house dining clientele that is not dependent upon driving to a downtown urban location.

Reason for Selling:

The owner is retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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